The event, taking place in New York following a screening of the movie, will be moderated by THR awards analyst/blogger Scott Feinberg.

The Iron Lady star Meryl Streep and director Phyllida Lloyd will take part in a live Q&A on Tuesday night that will be live-streamed on The Hollywood Reporter's awards blog The Race.

The event, taking place after an advance screening of the Weinstein Co. movie, will kick off around 8:45 p.m. ET at the DGA Theater in New York. THR's awards analyst/blogger Scott Feinberg will moderate.

In the movie, opening in select U.S. theaters Dec. 30 and expanding Jan. 17, Streep portrays Margaret Thatcher, the first and only female prime minister of the United Kingdom. The actress has been earning awards buzz for the role.

The Weinstein Co. said it hosted a similar event last year for The King's Speech -- which went on to win best picture at the Oscars -- that saw more than 20,000 questions submitted in a 30-minute period during the Q&A.